Interested in purchasing investment houses in the 73116 zip code in Oklahoma City, OK?
The zip code 73116 is in Oklahoma county with a latitude of -97.564260000000 and longitude of 35.546330000000, is in the state of Oklahoma. The average asking price of houses and condos is $471,282.00 and the average sale price was $374,658.00. this regions is classified as the Oklahoma City metro area and is in the 405 area code. The location in degrees is 35° 32' 46.788" N, 97° 33' 51.336" W. The county F.I.P.S. is 40109. This zip code contains two cities including Oklahoma City, OK (76.93%), and Nichols Hills, OK (23.01%) The total land area is 5.4 square miles and the water area is 0.9 square miles. The zip code is on central standard time and observes daylight savings time.
The zip 73116 is in county number 109 and is L. Sector 13, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 9,336 in 2019 and 9,241 in 2010. This further breaks down to 4,414 males (47.3%) and 4,922 females (52.7%). The median age of residents is 46.2 years. The population of the greater Oklahoma City, OK area is 1,242,888. The population density (people per square mile) is 1,717. This zip code has a combined total of 5,221 houses and condos. There are 1,308 rented appartments. 29% of residents rent versus the 29% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $170,568 and the average salary is $99,104. The median household income of individuals is $60,558.00 and the average is $193,350.00. This zip code has a mean commute time to work of 16.5 minutes. The unemployment rate is 1.4%. Income earners by percent breakdown as 40.70% (Under $50,000), 31.10% ($50,000-$100,000), and 28.20% earn over $100,000. 5.5% of residents live below poverty line versus the 15.2% in the state that are below this line. The cost of living index is 86.3. The educational breakdown is 97.6% have a high school education or higher, 60.2% have a bachelor's degree or higher, and 27.7% have some kind of profesional degree.
This area has 4,465 households and the average size is 2.0 people. Individuals who are single and have never been married are 30.1%, 50.4% are now married, 1.4% are separated, 5.9% are widowed, and 12.2% are divorced. The average yearly contribution amount given by people to charity was $15,041 versus the state average of $6,591. The percent of residents who gave to charity was 37.5%.
The estimated median value of houses and condos is $258,081. The median monthly owner costs of mortgage holders was $1,600, where as the costs for those who don't have a mortgage are $758. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 4.4.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $2,616. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $1,278. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $2,383. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $2,917. Reported taxable interest for persons was $9,626, dividends $21,133, capital gains +$75,625, and itemized deductions $47,756. The average earned income tax credit is $1,770. The percent of individuals that use a tax preparer is 61.1%. The total average income taxes paid by individuals was $19,070. Businesses reported an average profit of $26,361.
Michael's Grill
2824 W Country Club Dr, Oklahoma City, OK 73116
Ranch Steakhouse
3000 W Britton Rd, Oklahoma City, OK 73120 (2.6 miles away)
Thunder Roadhouse Cafe
900 W Memorial Rd, Oklahoma City, OK 73114 (2.7 miles away)
Bellini's Ristorante & Grill
6305 Waterford Blvd Ste 100, Oklahoma City, OK 73118 (2.9 miles away)
Trapper's Fish Camp
4300 W Reno Ave, Oklahoma City, OK 73107 (4.1 miles away)
Paseo Grill
2909 Paseo Ste A, Oklahoma City, OK 73103 (4.6 miles away)
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